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Assume the following situation:
Is there a threshold for declaring the interest incurred in a foreign country (income) when filing a US tax report?
No, there is no threshold.
You may be thinking of the threshold for reporting foreign accounts:
In addition to reporting your worldwide income, you must also report on your U.S. tax return whether you have any foreign bank or investment accounts.
This is required if
The aggregate value of all foreign financial accounts exceeds $10,000 at any time during the calendar year.
Source:
https://www.irs.gov/Businesses/Income-from-Abroad-is-Taxable
